MillionaireWho – Stabilize your wallet, Secure your future, and Succeed! in Entrepreneurship & Finance introduces the weekly audio and video program, “The Morning Drive” with Brooks Fiesinger hosting. Ride with Brooks and discuss the importance of Side Hustles / Second Jobs / Moonlighting, and the benefits of Lifestyle vs Growth businesses.
Morning Drive Episode 13 – Is talking about money Taboo? plus Side Hustle lists
MillionaireWho – Stabilize your wallet, Secure your future, and Succeed! in Entrepreneurship & Finance introduces the weekly audio and video program, “The Morning Drive” with Brooks Fiesinger hosting. Ride with Brooks and discuss if you should discuss money with friends and coworkers, as well as a little about the side hustle opportunities postings that seem to be all around us!
Grant Cardone’s “The 10x Rule” Reviewed
As I’ve mentioned many times, Reading and continuing education are very important to me.
I went through a little drought where I wasn’t having much luck finding good books to read/listen to. This is pitiful in the scheme of things, because there are millions of books out there, but I grabbed a few duds and that slowed me down a bit.
I can’t say that the 10x rule ever came up on my top 10 list, but Audible was running a special with a bunch of buy-one-get-one books, and Grant Cardone’s 10x rule made the cut.
I had already read “If your not first your last”, so I was familiar with Grant Cardone. I’m not a salesman, and he is a Sales training guy, so that set me back at first, but I decided to give it a shot. After all, the “only difference between success and failure is the 10x rule!” yeah!
The book set me back initially because I knew it was a typically over-hyped semi-sales pitch to build the brand of Grant Cardone himself. Some books are awfully aggressive, ego-boosting the author the entire time. While Grant uses personal examples in the book, I won’t quite say it was a rolling advertisement. I didn’t feel offended or over-sold to.
This book is one of those books that I don’t think I “Learned” anything from. I don’t want to suggest there wasn’t valuable ideas, but there wasn’t anything “new” or “Novel”. Thats OK though, because the book was very much a pep rally, jazzing you up about doing stuff.
This is, in many circumstances, invaluable. From my experience, the reason 99% of people fail is because they don’t get off their rear end and DO SOMETHING. The 10x rule premise is precisely that- anything worth doing is 10x bigger and takes 10x longer to see success. It reminds you that its essential that you get busy being productive, and that you stop using the excuses of those around you why you shouldn’t. This is, while not novel, a very important lesson that I feel is grossly under-recognized. I give Grant some serious credit for knocking that into your head over and over again to the point that reading the book for 15 minutes makes you want to put the book down so you can go make things happen. I don’t think its possible to read the book and not increase your productivity simply because of its ability to get you excited about it.
I truly respect and appreciate Grant’s argument that being all you can be is actually a duty, and that being lazy is bad for you, your family, and our society. I firmly agree. Just imagine how great it would be if everyone took Grant’s advice!
Grant walks you through taking the “fourth degree” of action, which is MASSIVE action. No one sees tremendous success by doing what everyone else is doing, you have to do massive action- more than anyone else is willing to do. Grant also talks about the idea that time management is a myth, and while I used to look for the elusive “Time management”, I have come to the conclusion that Grant Cardone’s perspective is indeed correct. So stop behaving like everyone else and go be successful already!
In a nutshell, I can’t say that this was a revolutionary book. I don’t know if I’d run out and recommend it, unless you need to get off your rear end and make things happen. For everyone else its positive reinforcement on what you already know. Sure, if you are looking for a book to read its a fine option. I would never turn someone away from it, but its not going to be making my top 25 list anytime soon!
Morning Drive Episode 12 – How I failed and lost everything on a world changing opportunity- Active Word Fonts
MillionaireWho – Stabilize your wallet, Secure your future, and Succeed! in Entrepreneurship & Finance introduces the weekly audio and video program, “The Morning Drive” with Brooks Fiesinger hosting. Ride with Brooks and discuss his honest discussion about his biggest failure early in his life, investing everything into a world changing technology, Active Word Fonts
Morning Drive Episode 11 – Don’t be a Fool with Special Guest, Garth, on Teams and Education
MillionaireWho – Stabilize your wallet, Secure your future, and Succeed! in Entrepreneurship & Finance introduces the weekly audio and video program, “The Morning Drive” with special guest, Garth hosting. Ride with Garth and discuss not being a fool! Build your team and figure out your Education!
Can I “Crush It” Gary Vee Style?
I’ve always been a huge advocate about education and always learning everything you can about the topic. So after Brian Urlage @Source1Auto pitched to me Gary Vaynerchuk’s event in Florida coming up, I decided I should probably finally get around to reading “Crush It”. It made it onto this week’s to do list, and I wrapped it up.
I’m honestly torn on whether or not I want to recommend the book, so I’m giving it the “OK” designation. Gary does self-promote, but not as offensively as many of his counterparts. He offers genuine thoughts and perspectives, but the entire book wraps up to what you probably already know.
It may seem small, but one thing I get stuck on is his reference to eventually succeeding enough to make 50k/year. I have to anticipate he’s trying to tone down crazy expectations some people have of being overnight millionaires. I love his quote that the only place that happens is the lottery. On the same note, it’s a lot of work for just 50 grand a year… so it better be your core passion. As long as you truly live it and breathe it, its free money, right?
I can summarize the book in a few phrases for those who haven’t read it:
- Work your rear end off. Work every day, all the time, and live your brand/site/product
- Be patient. You may not be successful in 2 years or 5 years, but stick to it.
- Having great content is important, which is pretty much the marketing concept of “Product”. Be the expert in whatever you are passionate about
- Great content needs to be everywhere, which is essentially the marketing concept of “Placement”
- Having great content isn’t enough, and you need to spent most of your time engaging others, which is essentially “promotion”
- Be authentic, and true to you. It’s the only way to maintain passion and come off as real to your users.
I firmly doubt the effectiveness of personal branding quite to the effect suggested in the book. Trust me, I think personal branding is important- I’ve hired professional designers to make my custom web page and I am all about building a brand, but the concept that resumes are useless and your followers will offer you a job when you lose yours? Not so much. If you have enough followers to do that, then odds are you have enough followers that you don’t need to work at all!
It is a great book to get jazzed up about. He’s pretty motivational from that regard. I would never suggest people avoid the book, but take it with a grain of salt. Branding is a piece of the puzzle, but its not the whole story, and thinking that a personal brand is all you need in life works for very few people.
On the contrary, it compliments products and services quite well!
Gary Vaynerchuck’s “Crush It” is available on amazon here:
Morning Drive Episode 10 – Intro to Investing Part 2: Entrepreneurship and Other Assets
MillionaireWho – Stabilize your wallet, Secure your future, and Succeed! in Entrepreneurship & Finance introduces the weekly audio and video program, “The Morning Drive” with Brooks Fiesinger hosting. Ride with Brooks and discuss an introduction to investing part 2, focusing on Entrepreneurship and other assets!
Ahhh! I see ads on the website now- Why? and how does that work?
You may have noticed that as of this week, there are some Ads on Millionairewho.com
Hate it, don’t you?
At least I’m fully disclosing WHAT and WHY. It wouldn’t be fair for me to do otherwise.
There’s three types of ads you’ll see on here:
The first type is a Google Adwords ad. These are auto-generated by Google based on whatever you have stored as cookies on your computer. I have no control over what you see:
In my first week with Google ads, I’ve brought in an impressive one penny. Yes, thats no exaggeration- I’m proud to inform you I made a penny. Whoohoo! Thanks.
The second type of ad you’ll see is an Amazon Affiliate program ad. Again, these ones I have no control over what you see. It may automatically select something related to what I am discussing, or it may not This looks like this:
Amazon will offer a little bit more than Google, but only if you buy whatever it is that shows up. For example if it lists a $20 movie, I could make 40 cents. If you don’t buy the movie, I get 0 cents.
And the last type of ad you’ll see is a specific product link to amazon. Its true that I get paid a couple of CENTS if you buy through this link, but you pay the same price you would if you just went to Amazon directly, and lets be honest- you’ll probably buy it at Amazon anyway, so why not help me out with a few pennies (literally) when you buy?
Here’s my DAUGHTER’s book she wrote:
Here’s what I do promise.
I will never link to an amazon product explicitly for the purpose of getting you to buy something.
I’m a professor first, and will give honest recommendations. Any product that I recommend and link to is something I authentically recommend, and I am offering the amazon link as one way to buy it. For example, I already wrote a number of book reviews that are scheduled to show up in the blog over the next 3 months. I recommend some of the books. I tell you not to waste your time with others, but regardless of whether I recommend it or not, I will put an amazon affiliate link at the end of it. If you choose to buy it, great! its always a good thing to learn, and I’ll appreciate the pennies I receive from your purchase. If you choose not to buy, I hope your learning in other ways but I’m still here to serve you!
So here’s an example of what was sold so far this week:
(This is a screenshot of Amazon Associates)
See? full disclosure, and no games!
“So why are you trying to make money anyway?”
First off, websites cost money. This website costs several hundred dollars a year to host, plus the domain name. The podcast hosting service charges between 60 and 500 a year depending on how many podcasts go up. In addition, to record the video podcast I need a video camera, and due to feedback from listeners that the audio quality could be improved, I invested in new semi-professional microphones. Some day I could use a better camera… and better mounts.. and maybe some better software to edit these things.
At this point I’ve spent around $800 on this website, and thanks to ads I’ve earned almost $4 back. Whoohoo!
I don’t anticipate MillionaireWho will ever be a massive money maker. That isn’t the reason I started it- I started it because I’m a natural teacher. I want to help others and love to see others succeed. You can ask the hundreds of students who have taken my classes and I believe they will fully agree. I hope some day to generate enough money to hire someone to help maintain this website and edit the videos and audio so they are even better for you, but in the mean time I’m hoping to generate enough to keep it alive long term!
Some might say- “you seem successful already, does a few hundred bucks matter”? If you ask me that, you need to listen to my podcasts and read my blogs, because every dollar matters. I might have brought in $4 in ads, but those $4 matter.. and I urge you to keep reading and listening if you don’t yet understand why!
Hopefully this helps some of you trying to figure out the “advertising” thing.
For others I hope this helps you understand WHY there are ads on this website.
I appreciate your support, and most of all- I appreciate you learning, educating yourself, and securing your wallet, Stabilizing your future, and Succeeding in Entrepreneurship and Finance! This world will be better if more people learn to be better with with their finances!
Morning Drive Episode 9 – Intro to Investing Part 1: Real Estate, Stocks, and Funds
MillionaireWho – Stabilize your wallet, Secure your future, and Succeed! in Entrepreneurship & Finance introduces the weekly audio and video program, “The Morning Drive” with Brooks Fiesinger hosting. Ride with Brooks and discuss an introduction to investing, focusing on Real Estate, Stocks, and Funds.
I funded a song and video? Talk about a cool project!
Sometimes you have to do some fun projects regardless of whether you expect an ROI or not!
I sponsored J-Lynn & the Partyboy in the creation of the song and video below. Don’t think I’m getting paid to refer this or anything, its just cool to see the results of your investments. Check it out and give them some hits!
You’ll hear about this on the podcast in a couple of weeks!